Senior Term Life Insurance - No Medical Exam

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If you are a senior, you can apply for senior term life insurance without a medical exam. This type of policy is designed to pay out a benefit in the event of your death within a specified period of time. Depending on the policy you choose, it can last as long as 30 years or as short as ten years. If you are under the age of 65, you can get a lower rate than if you are over that age.

There are several companies offering no medical exam senior term life insurance. Transamerica is one such company, offering coverage up to $249,999. The company offers no medical exam plans for people between the ages of 18 and 60, and is able to consider your health if you have a table D rating or higher. These policies offer the most affordable and flexible plans. Unlike traditional policies, you can add your spouse to the policy with no medical exam.

If you are a senior, no medical exam policies are a great option. You can choose from plans with as much as $399,999 life insurance without undergoing a medical exam. Most companies only allow $250,000 in no-medical-exam policies. However, adding an additional $150,000 can make a significant difference for your family. If you are a senior and have a history of health problems, you may want to consider a no-medical-exam plan.

Choosing a no-medical exam senior term life insurance is a great option. It provides the security your family needs. In addition to paying for final expenses, life insurance also covers unpaid debts and medical costs. Most families find themselves in financial crisis after losing a loved one. Increasing funeral expenses is an expensive proposition. With a no-medical-exam policy, your family is assured of financial security and a decent burial.

If you're a senior and don't want to undergo a medical exam, there are no medical-exam no-medical-exam life insurance options available to you. Insurers will ask you a few questions to qualify for a no-medical-exam life insurance policy. It is important to be realistic and understand the limitations of a no-medical-exam senior term life insurance plan.

There are pros and cons to no-medical-exam life insurance for seniors. Whether you need it for financial security or peace of mind, no-medical-exam no-medical life insurance is a great option. It will protect your family's future, regardless of who dies. There is no need to worry about a no-medical-exam no-means requirement. In addition, a no-medical exam life insurance policy will protect your loved ones from unpaid debts in the event of your death.
 
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